The Match King : Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals, Paperback / softback Book

The Match King : Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals Paperback / softback

Paperback / softback

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At the height of the roaring '20s, Swedish émigré Ivar Kreuger made a fortune raising money in America and loaning it to Europe in exchange for matchstick monopolies.

His enterprise was a rare success story throughout the Great Depression.

Yet after his suicide in 1932, it became clear that Kreuger was not all he seemed: evidence surfaced of fudged accounting figures, off-balance-sheet accounting, even forgery.

He created a raft of innovative financial products, many of them precursors to instruments wreaking havoc in today's markets.

In this gripping financial biography, Frank Partnoy recasts the life story of a remarkable yet forgotten genius in ways that force us to re-think our ideas about the wisdom of crowds, the invisible hand, and the free and unfettered market.

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